Introduced
by
To give gas station owners an income tax or business tax credit based on the amount of fuel mixed with ethanol they sell, with higher payments for higher levels of ethanol. The state would write a check to the owner for the difference if the ethanol tax credit exceeded the owner’s tax liability. Fiscal analysts estimate this will cause the state to forego $2.3 million in annual revenue.
Referred to the Committee on Agriculture
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 24 to 14 (details)
Referred to the Committee on Tax Policy
